Harkirat Khangura - TD Mortgage Specialist

12/25/2024

12/16/2024

📢 𝗕𝗶𝗴 𝗡𝗲𝘄𝘀 𝗳𝗼𝗿 𝗖𝗮𝗻𝗮𝗱𝗶𝗮𝗻 𝗛𝗼𝗺𝗲𝗯𝘂𝘆𝗲𝗿𝘀!

As of 𝗗𝗲𝗰𝗲𝗺𝗯𝗲𝗿 𝟭𝟱𝘁𝗵, two major mortgage rule changes are in effect to help with housing affordability:

✅ 𝗘𝘅𝗽𝗮𝗻𝗱𝗲𝗱 𝟯𝟬-𝘆𝗲𝗮𝗿 𝗮𝗺𝗼𝗿𝘁𝗶𝘇𝗮𝘁𝗶𝗼𝗻𝘀: Now available to first-time buyers and purchasers of new builds, reducing monthly payments.

✅ 𝗜𝗻𝗰𝗿𝗲𝗮𝘀𝗲𝗱 𝗶𝗻𝘀𝘂𝗿𝗲𝗱 𝗺𝗼𝗿𝘁𝗴𝗮𝗴𝗲 𝗰𝗮𝗽: The limit has jumped from $1 million to $𝟭.𝟱 𝗺𝗶𝗹𝗹𝗶𝗼𝗻, helping buyers in high-priced markets like Toronto and Vancouver with smaller down payments.

These reforms aim to ease financial pressures for first-time homebuyers and boost housing supply, though experts predict mixed impacts on affordability and demand.

Have questions about how these changes could benefit you? Let’s chat!

Two sweeping mortgage reforms take effect today, December 15, targeting housing affordability and easing financial pressures—changes that may be followed by more announcements this week.

10/24/2024

09/28/2024

🏡 𝗧𝗵𝗶𝗻𝗸𝗶𝗻𝗴 𝗮𝗯𝗼𝘂𝘁 𝗯𝘂𝘆𝗶𝗻𝗴 𝗮 𝗵𝗼𝗺𝗲? 𝗦𝘁𝗮𝗿𝘁 𝘄𝗶𝘁𝗵 𝗮 𝗠𝗼𝗿𝘁𝗴𝗮𝗴𝗲 𝗣𝗿𝗲-𝗔𝗽𝗽𝗿𝗼𝘃𝗮𝗹!🏡

Before you begin house hunting, make sure you're ready with a mortgage pre-approval. It’s your first step to unlocking the home of your dreams! Here’s why you should get pre-approved:

✅ Know your budget – Get a clear picture of how much home you can afford.
✅ Gain credibility – Sellers take you more seriously when you're pre-approved.
✅ Save time – Focus on homes that fit your budget and avoid surprises later.

Ready to get started or have questions? Reach out today and let’s make your home-buying journey smooth and stress-free! 📞💬

08/12/2024

🏠 𝗦𝘄𝗶𝘁𝗰𝗵 𝘁𝗼 𝗧𝗗 𝗮𝗻𝗱 𝗘𝗮𝗿𝗻 𝗖𝗮𝘀𝗵𝗯𝗮𝗰𝗸 𝗼𝗻 𝗬𝗼𝘂𝗿 𝗠𝗼𝗿𝘁𝗴𝗮𝗴𝗲!🏠

Thinking about switching your mortgage to a new lender? Now is the perfect time! TD is offering an exciting cashback campaign for clients who transfer their mortgage from another financial institution to TD.

🔑 𝗪𝗵𝘆 𝘀𝘄𝗶𝘁𝗰𝗵 𝘁𝗼 𝗧𝗗?

- 𝗖𝗮𝘀𝗵𝗯𝗮𝗰𝗸 𝗕𝗼𝗻𝘂𝘀: Receive a cashback reward when you switch your mortgage to TD.
- 𝗖𝗼𝗺𝗽𝗲𝘁𝗶𝘁𝗶𝘃𝗲 𝗥𝗮𝘁𝗲𝘀: Enjoy some of the most competitive rates in the market.
- 𝗘𝘅𝗽𝗲𝗿𝘁 𝗔𝗱𝘃𝗶𝗰𝗲: Our mortgage specialists are here to guide you through every step of the process.

💡𝗥𝗲𝗮𝗱𝘆 𝘁𝗼 𝗺𝗮𝗸𝗲 𝘁𝗵𝗲 𝘀𝘄𝗶𝘁𝗰𝗵?
Call me today @ 825-343-4848 or visit my website to book an appointment to learn more and start saving!

03/27/2023

Average home prices in this region are just a bit lower than Hamilton-Burlington, at $796,900, and you'll need slightly less annual income to afford a home at $123,900

09/26/2022

Home sales fell for 6th but smallest time in a row. Sales advanced to 21 may be behind some of 22's muted demand. Mrkts expected to cont' moderating into next year, but at a more comfortable pace, before demand fundamentals take over.
See Full Report Here:

www.scotiabank.com

09/12/2022

Bond yields, which lead fixed mortgage rates, fell to 2.84% on Friday, down from 3.15% on Thursday and well off the 3.59% high reached in mid-June.

www.canadianmortgagetrends.com

09/06/2022

The report found that while the majority (75%) feel confident about eventually securing a mortgage, a large percentage of millennial and Gen Z future see an insufficient down payment or closing funds (46%), their high debt-to-income ratio (45%) and bad or no credit (38%) as barriers to approval

housingwire.com

09/01/2022

Along with increasing new home production and doubling the first-time homebuyer's credit, they've introduced a new way to save and spend up to $40,000 on your first home tax-free called the Tax-Free First Home Savings Account (FHSA).

www.scotiabank.com

08/27/2022

From March to June 2022, Canadian home buyers had to earn anywhere from $8,660 and $35,760 more, per year, to afford a home depending on their location because of interest rate and stress test increases.

narcity.com